Skip to main content

About your Search

20130107
20130107
STATION
KNTV (NBC) 9
CNBC 8
MSNBCW 6
FBC 5
CNNW 2
KRON (MyNetworkTV) 2
CSPAN2 1
KCSM (PBS) 1
KGO (ABC) 1
KQED (PBS) 1
KQEH (PBS) 1
LANGUAGE
English 47
Search Results 0 to 46 of about 47 (some duplicates have been removed)
FOX Business
Jan 7, 2013 4:00pm EST
they have been having with the last debt ceiling, the fiscal cliff which is behind us temporarily. so i think when they come to the table with a solution, the markets are going to rally just like they have in the past. i think they're going to come up with a solution but until there is a solution, until there is something, i think we'll see some volatility. but i really think they will come to the table with a good, solid solution. it will give republicans a chance to put their foot down on some of these, on some of this public spending. and it is going to be positive for the investor. ashley: bob, let me finish with you. you like emerging markets. people say that a but which market in particular are you particularly hot on right now? >> well, actually we think china is poised to begin growing faster than expected again. pmis came out last month and they're above 50 again and i think they have been that way for three months in a row. so there's been a lot of concern about a hard landing in china. we think it is probably more soft than hard. that will drive pacific countries to faster gr
CNBC
Jan 7, 2013 6:00pm EST
and the debt ceiling are affecting stocks like ibm and where you think ibm will go in 2013. >> well, frankly, i think that ibm's a victim of spending worldwide. ibm is owned by my charitable trust. and we hope it goes to 180 so we can buy more. i think it's a good stock. i needing to to see chris in michigan. chris? >> caller: jimbo, boo-yah, buddy. >> back at you. >> caller: listen, berkshire hathaway class-b stocks. i have a lot of it and want to buy more. what do you think? >> i totally agree. it's a play on two big themes -- insurance and housing. >> buy, buy, buy. >> warren buffett is the man. i'm a buyer. that guy who said the nasty things about him this weekend, he should take those back. that was wrong. let's go to stan in florida. stan? >> caller: hey, big boo-yah to you, jim from sunny naples, florida. and also a huge roll time. >> boy, i was going with the fighting irish look. i'm neutral billion this. go ahead. >> oh! >> caller: can't be neutral with the tie. emerson electric. >> man, i think you could be for the tie, for the irish, but you should be for emerson which is a china pla
ABC
Jan 6, 2013 6:00pm PST
battle over the debt ceiling. here's how both sides are weighing in on the conversation. >> i believe we need to rates the debt cell but if we don't raise it with a plan to get out of debt, all of us should be fired. >> strong words and the fiscal cliff has come and gone. now lawmakers start a new session under pressure to avert another financial crisis, this time over raising the debt ceiling. if an agreement is not reached by late february or early march, the united states risks defaulting on its phenomenon r financial obligations. the argument will be how much congress will agree to cut spending. >> the bottom line is we can't continue down the path we're on of borrowing money to pay our debt. we have to have dollar for dollar cuts. >> key democrats and say the debt ceiling and the tax cuts are unrelated. >> not going to say i'm not going to pay my bills unless you stop buying stuff. so stop buying stuff so you don't have future bills but right now we have to pea the bell for what we incur. i you want to tie it to what we do next, fine. >> the big part of the budget is getting people
CNBC
Jan 7, 2013 6:00am EST
also react less to the debt ceiling than they did to the fiscal cliff. >> okay. >> we get further and further away from the financial crisis and housing improves and the consumer seems a little bit better. unemployment gets a little bit better. people aren't as worried about losing their jobs. all of those things give it a firmer tone. >> i think so. i think that people are kind of starting to settle down in the idea that this thing is sustaining, and every year we've wondered if the recovery is going to end this year. we have a one-year investment horizon. i think we might be starting to lengthen out and say this is going to last over multiple years and that's going to allow investors, if you can discount multiple years of earnings, it allows you to put a higher valuation on the market. that, to me, is the big key here for the stock market this year. not so much what earnings do. they have to go up, of course. but what is the valuation we place in those earnings and that could go up as confidence goes up. it's not a coincidence that the stock market is at a five-year high the sam
CNBC
Jan 7, 2013 4:00pm EST
cliff, the debt ceiling. in the fall of 2011 when mario draghi instituted the operation, that's the point we see markets really start to rally. by doing that he took the chance of a banking collapse off the table. that's why earnings have not fallen off a cliff. the rates of the estimate cuts have been getting less severe. majority of companies are guiding but a lesser rate. that's a positive delta. that's bullish for the market. >> got to love mario and ben, i think. thank you very much. we'll see you soon, guys. appreciate that. >>> looking for an investment option that won't hit you with a tax sticker shock? coming up our bonds expert tells us why muni bonds -- get the notebook out because he'll explain. >>> then life in the fast lane. some ponying up 1.6 million bucks to own a new car that habit even passed u.s. safety tests yet. our wealth editor robert frank takes one for a careful spin. stay with us. ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. ♪ make it worth watching. ♪ the new 2013 lexus ls. an entirely new pursuit. [ male announcer
NBC
Jan 6, 2013 11:00pm PST
the debate all together and sign the new debt ceiling into law. she told "face the nation" viewers that president has the 14th amendment on his side which states that the nation's debt shall always be paid. >>> po >>> pelosi met with hundreds of quaints and colleagues to talk about last year's chag lengs and accomplishments and this year's goals. in 2013 the democratic party will continue to focus on growing and supporting the middle class, she says. >> practice the strength in our country and those we have to strengthen it and help those who aspire to be in it. to be in the budget. that's a sense of community. that is the epiphany i want them to have that we're only here for the wealthiest people and trickles down, that's a good thing if doesn't. so be it, that's the free market. that's not how we see it. >> others had to get to the to move to a bigger venue to accommodate the crowds. >> church goers in san francisco says enforcing parking meters on sunday is forcing them to make a tough choice. san francisco put an end to free parking meters on sundays and that has changed is exp
KRON
Jan 6, 2013 8:00pm PST
negotiations. now. he's back to face new battles over spending cuts and raising the country's debt ceiling. the president could also announce nominees for key positions in his cabinet as soon as tomorrow. with the fiscal cliff beginning to fade from the minds of many americans a new fight is heating up on capitol hill. a new deal over the debt ceiling is looming in the not-so-distant future. we go now to elizabeth corridan to check up on both sides and how they're preparing to get a new deal in place. >> "i believe we need to raise the debt ceiling, but if we don't raise it without a plan to get out of debt, all of us should be fired." >> reporter: strong words for a new congress, the new years deadline for the so-called "fiscal cliff" has come and gone. now lawmakers start a new session under pressure to avert another financial crisis -- this time over raising the debt ceiling. if an agreement isn't reached by late february or early march, the united states risks defaulting on its financial obligations. the argument this time around will be over how much congress will agree to cut spendin
FOX Business
Jan 6, 2013 10:00pm EST
point, e have the debt ceiling looming. if we were to find a solution for the debt ceiling fro whetr it makes democrats or republicans happy, we have some kind of resolution on the fiscal cliff. if we were to do the debt ceiling and take care of sequestration, do you think employers will start hiing? >> the best we could do would be to come up with a credible long-term plan. gerri: credible long-term plan on capitol hill and the white house. are you kidding? >> u.s. you're right. the problem here is, between now and the end of february is everyone goin to say, well, here is a we need to do? are they going to agree on it? the republicans, i think, have corrected said we have done something on taxes. we raised it for everybody who works to raise taxes for those nasty rich folk. now cut spending in order to get on a gravel path to reduce he deficit. >> we enacted the greast tax cut in american history. 25 million new jobs. the american economy had confidence in president reagan. in what direction was going to be. that is what is lacking. we need to have that right now. >> you go back. y
FOX News
Jan 6, 2013 11:00pm PST
the fiscal cliff deal was a lousy deal but i think moving forward with the debt ceiling i think those who believe in limited spending and solving the debt and not bankrupting our kids have the advantage in the negotiation on the debt ceiling. if we can stand strong and insist on number one structural reforms to fix the problem and number two, progrowth policies to grow the economy and get jobs back and get people back to work i think we with win that debate and win that argument. i don't think what washington needs is more compromise. i think washington needs more common sense and more principle. >> it is good to get to know you. thanks so much for dropping by and good luck. >> thank you for having me. >> appreciate it. >> up next, a new year, a new congress. we'll ask our political panel if the political well is still poison. >>> our economy captain afford more protracted showdowns or manufactured crises along the way. >> the american dream is in peril so long as its name sake is weighed down by this anchor of debt. break its hold and we begin to set our economy free. >> the president an
CNBC
Jan 7, 2013 1:00pm EST
think he is talking about the sequester and debt ceiling and avoid whatever fiscal cliff is coming near us. thank you, john. appreciate it. >>> we bettered our position is little bit on the dow jones. we were off better than 80 pointses. s&p is off about and nasdaq down 10 1/3. "power lunch" is back in two minutes. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. it's just common sense. you know it can be hard to lbreathe, and how that feels.e, copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-act
KRON
Jan 6, 2013 11:00pm PST
. he's back to face new battles over spending cuts and raising the country's debt ceiling. elizabeth corridan has more on that. >> "i believe we need to raise the debt ceiling, but if we don't raise it without a plan to get out of debt, all of us should be fired." if you have a comment or story idea for stanley, e- mail us at peoplebehavingbadly@kron4.co m >> reporter: strong words for a new congress, the new years deadline for the so-called "fiscal cliff" has come and gone. now lawmakers start a new session under pressure to avert another financial crisis - this time over raising the debt ceiling. if an agreement isn't reached by late february or early march, the united states risks defaulting on its financial obligations. the argument this time around will be over how much congress will agree to cut spending. >> "the bottom line is we can't continue down the path we're on of borrowing money to pay our own debt with, and we've got to have serious spending cuts. we've got to have dollar for dollar within the same year." >> reporter: >> reporter: but key democrats say the debt limit a
CNBC
Jan 7, 2013 3:00pm EST
the debt ceiling rate with the fiscal cliff game we saw? miss tyson, let me begin with you. if i understand your view correctly, you feel we have a situation in the economy where too much austerity would do the economy a great deal of damage right now. but an awful lot of people on the other side of the aisle say if not now, if we don't address spending now, when are we going to do it and that we have been saying fundamentally the same thing will take care of spending later, later, later and it never gets taken care of? >> well, i think that it is correct that we don't need fiscal austerity now, but we do need to -- a long-term plan to bring spending growth down in the future. you know, if we had a political system that worked efficiently, we could have both. we could have a plan, a long-term plan, maybe with some triggers. the federal reserve has triggered its interest rate policy based on what the economy is doing. so why not put in some spending cuts now, trigger them in gradually as the economy recovers? we could do that. >> tom, let me get your take on this. >> i think we're in a crisi
PBS
Jan 7, 2013 3:00pm PST
of the fiscal cliff. because the default, if nothing happens, is that the debt ceiling is not raised. what that means it doesn't mean, as some who would demagogue this issue suggest, i doesn't mean a default on our debt. whatnot raising the debt ceiling would mean is a partial government shutdown. roughly 40 cents of every dollar the federal government spends is borrowed. if you don't raise the debt ceiling, that 40 cents is temporarily stopped. now we did that in 1995. we didn't default on our debt. >> woodruff: right. the result was balanced budgets and some of the greatest fiscal responsibility was seen we've seen in modern times from congress because fiscal conservatives stood together and said we need to be responsible. >> woodruff: let me ask you about a couple of other issues. that is guns. you're a long-time proponent of gun rights. you're the father of two young girls ages 4 and 2. after those terrible shootings at that h elementary school in connecticut, have you changed your views at all on how available guns should be especially the high-capacity rifles? >> i think every parent
FOX Business
Jan 6, 2013 11:00pm EST
that he isn't going to have a debate with us over the debt ceiling. he also says that he's not going to cut spending along with a debt limit hike. fiscal cliff behind us on the focus turns to spending. speaker boehner cited a new poll, showing 72% of americans agree with him. but any increase in the debt limit must be accompanied by an equal amount in spending cuts. senator john cornyn saying that if the president inten the president intends to carry through with his no negotiation threat, but a government shutdown may be the only way to find resolution. the new senate majority leader saying that it may be necessary to partially shut down the government in order to secure the fiscal well-being of our country. the looming deadline for action has been obvious. and in every instance the white house has purposely blow up the process in a shameless attempt to score cheap political points. "the washington post" reported the top ally in the senate may not be fully on board with his approach. his imperious stance, if you will. senator harry reid reportedly warned mr. obama is refusal to nego
CNN
Jan 7, 2013 6:00am PST
congress narrowly avoideded that catastrophic fiscal cliff, now we're facing another debate, the debt ceiling. many members of congress say the last-minute brinksmanship that happened with the fiscal cliff is not going to be repeated when it comes to raising the debt ceiling. others may not be on board with that. republican matt salmon of arizona had this to say. >> i was here in the government shutdown of '95. it was a divided government, democratic president of the united states and a republican congress. i believe that that government shutdown actually gave us the impetus, as we went forward, to push toward some real serious compromise. i think it drove bill clinton in a different direction, a very bipartisan direction. >> joining me now, l.z. granderson and will cain, both cnn contributors. good morning, guys. >> good morning. happy new year. >> happy new year. i'm so glad to be back. i've been on vacation, and i feel like i'm talking about the same stuff, which i am. i wanted just to lay out the idea of a government shutdown for people who can't remember as as far back as 1995 be
NBC
Jan 6, 2013 5:30pm PST
with the fiscal cliff fight behind him, the president faces another looming showdown over the nation's debt ceiling, its borrowing limit. today, senate minority leader mitch mcconnell insisted the tax issue is resolved but demanded spending cuts. >> i wish the president would lead us in this discussion rather than putting himself in a position of having to be dragged kicking and screaming to the table to discuss the single biggest issue confronting our future. >> reporter: also tonight, an administration official tells nbc news that the president is likely to name his selection for cia director tomorrow, the person who would replace david petraeus. the two men who are being considered as top candidates right now are the homeland security and counterterrorism adviser to the president, john brennan, and on the left of your screen you see the acting cia head, mike morrall. lester? >> thank you. >>> in addition to the battles over the debt ceiling and cabinet nominations, the president has a lot more on his plate in the coming weeks, including a fight over guns after the tragedy in newtown. and
CNN
Jan 7, 2013 4:00am PST
year. fiscal cliff, the sandy aid, debt ceiling, a lot of issues we need him in the saddle, focused in the job, not focused as mayor of the city of newark. >> you always get these blowing, rave, wonderful articles. "the new york times," not nice at all, they say are you a better marketer than mayor. is it hurtful? >> probably one of the more frustrating articles of my career. they glossed over what we have done, since instituting court reform, prisoner entry reform, doubled the amount of affordable housing to dealing with veterans issues. a frustrating article. but as you said, sometimes you won't get flowing press. the press sometimes likes to build you up and take you down. >> what? what? >> my mom says i hope this is a lesson you should not read all of the good things about yourself. >> your mother would love my mother. chuck hagel? >> i think he has to focus, the president, on defending the nation. give him a lot of latitude. >> do you worry about the jewish lobby. he didn't say the israel lobby. the jewish lobby. talking about a diplomat being aggressively gay, iran and sanctio
FOX News
Jan 7, 2013 3:00pm PST
down clock is ticking down on the next potential crisis over the debt ceiling and sequester cuts. today an interview that raised eyebrows all over the city especially among republicans. correspondent shannon bream reports on the inside look on president's spending. >> with the last fiscal deal they are gearing up. as one of the key players talk about what happened the last time around. in an interview, house speaker says, quote at one point several weeks ago the president said to me, we don't have a spending problem. boehner says he was stunned and repeatedly push the issue with the president. he says mr. obama grew irritated and said i am tired hearing you say that. there is no give to the president's advantage and he won't hold any more closed door meetings with the president because he called it futile. the president vowed there will be no debate whether to raise the nation's already exceeded debt ceiling. a key thing that republicans will give them much better positioning as the u.s. hovered dangerously close to the fiscal cliff. the two sides don't agree whether tax revenue is sett
FOX News
Jan 6, 2013 10:00pm PST
: the president says there's not going to be a fight over the debt ceiling we know the money has running out at this point and they have to do something and republicans have held it out during the fiscal cliff negotiations as the next best opportunity to negotiate and democrats need their votes to get that ceiling raised, but the white house says we're not going to negotiate and there's not going to be a fight. >> that's not what the republican said is saying. john boehner, speaker boehner after not getting half of his caucus, having to depend on democrats for the fiscal cliff vote is now saying that we gave in on taxes, now it's time for spending cuts, serious entitlement reforms, which is where, you know, the the bulk of our long-term fiscal problems are. and this is going to be used, the debt ceiling is going to be used to get cuts. mitch mcconnell has said something similar. so you have the president saying one thing, but those in the house and senate, the republican leaders, saying something completely different. >> shannon: yeah, they think this is going to be all about spending ab tha
FOX News
Jan 7, 2013 12:00pm PST
into a tail spin analysts tell us. republicans and democrats say they want to avoid reaching the debt ceiling deal at the last minute like we saw with the fiscal cliff fiasco and seems like everything in recent memory. republicans are saying they want spending cuts attached to some deal and democrats say spending cuts should be a different issue. >> if you raise the debt ceiling by a dollar, cut spending by a dollar. that is the way to go forward and we need a budget. our democratic friends haven't passed a budget in three years. >> the debt ceiling is about spending that has already occurred. you are going to say i'm not going to pay my bills unless you stop being stuff? well, then stop buying stuff so you don't have future bills but right now we have to pay the bills that have been incurred. >> shepard: the president said on saturday that he will not compromise over raising the debt ceiling. won't even put that on the table. shannon bream with the news live in washington this afternoon. how you is this strategy work out for republicans, shannon? >> shannon: the president says if they refuse
CNBC
Jan 7, 2013 2:00pm EST
're not going off the cliff. nothing catastrophic. we are certainly facing the budget and the debt ceiling crisis in front of us. and it is going to be back to earnings. i think there is a reality here which is why we aren't getting the respect that we still see fundamentals not really change. you will see 1.5% gdp growth and frankly, about a 14 pe right now. you are fairly valued. i think people are sanguin saying there is not great news out there but the news out there will be moving us along very, very slowly. >> and i hear what you guys are saying but matt do we care why stocks are up? i understand -- we could have made excuses across the market and we have. it's the fed. dc's inept, i guess that. every time i open my 401(k) statement, it is higher. ultimately, do we care why stocks are going up? >> people like seeing upwards results. but when you look underneath it, you see short cummings, low quality names, areas prone for profit. i think also people are factoring in, there will be about a 1.5% hit to gdp for the fiscal cliff deal. obama care will add another 1% to gdp. earnings do m
NBC
Jan 6, 2013 5:00pm PST
in medicare, medicaid and other government programs. >> i believe we need to raise the debt ceiling, if we don't raise it without a plan to get out of debt, all of us should be fired. >> special treatments under the tax code which ought to be looked at carefully. >> tweaks to the tax code could save money. president obama says he's willing to consider spending cuts separately, but will not bargain over the government's bargaining authorities. >>> so syria now, where the president outlined a road map for peace today, as fighting in the country continued. the u.n. says more than 60,000 people have been killed since the crisis began march 2011. stephanie gosk has more. >> syrian president bashar al assad addressed his country for the first time since june. he's very rarely seen in public. he was greeted by a packed and boifterrous oust tore yum. he blamed the crisis in syria on terrorists, including al qaeda and the countries that continue to fund them. there was little to no mention of the syrians themselves and have picked up arms against the government. assad also proposed a new political init
MSNBC
Jan 7, 2013 6:00am PST
potential default. the whole debt ceiling business. the domestic and defense cuts postpone for two months by the fiscal cliff deal kick in. also known as sequester around these parts. of course, march 27th, the big the continuing resolution that funds the entire government expires. that may be where things truly heat up. mitch mcconnell drew a line in the sand saying though republicans are willing to work on tax reform as part of upcoming budget negotiations, new tax revenue is, "absolutely off the table." >> we've resolved the tax issue now. it's over, it's behind us. >> the tax issue is over. >> the tax issue is over, finished, completed. >> that may be mcconnell's view and not the view from the white house or democrats. they say new revenue is needed, mainly by scaling back tax breaks for the welty. >> these loopholes where people can park their money on some island off shore and not pay taxes, these are things that need to be closed. we can do that and use the money to reduce the deficit. >> is that done now? is the revenue side of it taken care of yet? >> no, no. >> if mitch mcconnel
NBC
Jan 7, 2013 5:00am PST
cliff. the next fight is ahead and that's the debt ceiling. watch out for politicians who say we shouldn't authorize more spending because they are misleading you. the debt ceiling vote will authorize payment of debt we already incurred. let me show you an example of someone talking about the debt ceiling and getting it wrong. >> the president is addicted to spending. he wants to spend. he wants a new credit card after he's maxed out the last one. >> reporter: a better analogy is we maxed out the credit card we have and now we have to pay the bill. paying the bill is very important to the credit rating of the united states. >> just like we all have to do. >> yeah, right. we'll keep an eye on that one, scott. thank you for breaking it down. >>> meteorologist christina loren talking 60s today for this back to work monday. >> we'll get paid with sunshine this afternoon. good monday morning to you. temperatures this morning running cool. we have patchy fog out there to make you aware of. quarter mile or less in spots. quarter mile in livermore. half a mile in santa rosa. the good news is we'
CNBC
Jan 6, 2013 7:30pm EST
congress is going to have to deal with the debt ceiling, and i'm being told, you know, the debt ceiling, the sequester and then a continuing resolution to fund government spending is going to be an even bigger fight. what do you expect in the next couple of months? >> the sequester and the continuing resolution. whenever there's an agreement, maria, we look for two elements. content and momentum. was the content sufficient, and clearly it wasn't. that's why we have another crisis coming up. also we've got no momentum. it's not as if democrats and republicans came out feeling good about this. they came out feeling bad about this, and, therefore, there's absolutely no momentum for cooperation, so markets better have the seat belt on because we're going to have more political drama in the next few weeks. we're all talking about taxes going higher on the rich, and, yet, this social security tax is going to hit everybody. what impact will this have? >> so, you're right, in terms of economics, the biggest impact is on the payroll tax because the propensity to consume or put another way how mu
NBC
Jan 6, 2013 4:00pm PST
with the debt ceiling. and i'm being told, you know, the debt ceiling, the sequester and the continuing resolution to fund government spending is going to be an even bigger fight. so what do you expecting in the next couple of months? >> so we expecting a very messy process. as you just pointed out, there are three things to sort out. the debt ceiling, the sequester and the continue resolution. whenever there's an agreement, maritt romneyomneyryia, we looko contents and momentum. was the content sufficient, and clearly it wasn't. that's why we have another crisis coming up. but also we got no momentum. it's not as if democrats and republicans came out feeling good about this. they came out feeling bad about this. and, therefore, there's absolutely no momentum for cooperation. so markets better have the seat belt on because we're going to have more political drama in the next few weeks. >> so how does this play out, do you think? there's a lot of talk right now about that 2% tax hike that everybody is going to pay with the expiration of the payroll tax holiday. all talking about the taxe
NBC
Jan 7, 2013 3:00am PST
, the president saying this week, the next test will come with the debt ceiling debate. let's hope mcconnell compromises and giving in while getting nothing in return. however, if his fiscal cliff negotiations are any indication, we'll most likely see him wave the white flag again. what's your reaction, senator? >> well, the election will take care of itself in 2014. the question is, what will we do now? we know that everybody's taxes were going up a couple of days ago. what we did was prevent tax increases on 99% of the american public. nobody in the senate, not the 90% of senate republicans who voted for this, voted to raise anybody's taxes. and the arbiter of whether something is a tax increase or not is americans for tax reform. the head of americans for tax reform said it was not a tax increase. and had he been a senator, he would have voted for it. look, this was not a tax increase. it was not the kind of complete deal we'd like, because we want to cut spending. but we did save a lot of taxes. the tax issue is behind us. and now we move forward to see if we can get a reluctant p
NBC
Jan 7, 2013 2:00am PST
are already being drawn. chief among them whether congress will vote to raise the country's debt ceiling. shortly after lawmakers reached a down to the wire deal on taxes to pull the country back from the fiscal cliff earlier this week, the president tried to preempt the debt limit showdown by firing a warning shot at republicans. he reiterated that call yesterday. >> one thing i will not compromise over is whether congress should pay the tab for a bill already racked up. the congress refuses to give the united states the ability to pay its bills on time, the results for the global economy could be catastrophic. >> congress has vowed to use the upcoming votes to get more spending cuts to entitlement programs like medicare. some are threatening a government shutdown. in a moment, we'll talk to alan simpson and erskine bowles about where they see the fiscal cliff deal leaving the country. they say it falls short. but first, the man who brokered the deal with the white house on behalf of the republicans and no doubt will be a key figure in the battles ahead, the top republican in the senate
FOX News
Jan 7, 2013 2:00pm PST
on the fight over the debt ceiling and wait until you hear what the president told the house speaker. we'll show you the road ahead for gun legislation in 2013. special report from washington starts at 6:00 eastern. now send it back to new york and my colleagues with the five. ♪ ♪ i sit and watch as tears go by ♪ ♪ ♪ >> singer marian faithful has turned 66. she is now alone and performing for little money. here she is before jagger. when the media talks about rock and roll they hailed jagger but those sucked in the lifestyle that can't endure the hard living. the cool life translates into pleasure without principle which undermines female strength and power. women wisely avoid strife through cooperation. why is that? i know evolutionary science dictates our behavior ensures survival. that is why men fight wars. in china or india it's reversed, their women are disposable. they reported india china possesses as many unmarried young many as the whole population of american men. these unbalanced rates are linked to female abduction and ra rape. i'm no fan of search research, but if
MSNBC
Jan 7, 2013 2:00pm PST
in march. you have the sequestration deadline and the debt ceiling hitting at the same time. this is going to be a three ring cliff, three cliff circus coming up very soon. and if you have this group that doesn't believe in compromise, it's going to be very hard to get through this wouithout a lo of blood in the water. >> i hope this goes away. anyway, thank you. thank you, it ought to be about building, not destroying. thank you. anyw anyway, when we return, let me finish with why i think the nomination for defense chief should be given a solid chance. i'm putting it that way, you're watching, "hardball," the place for politics. ident forgiveness, they guarantee your rates won't go up just because of an accident. smart kid. [ voice of dennis ] indeed. are you in good hands? if we took the already great sentra apart and completely reimagined it? ...with best-in-class combined mpg... and more interior room than corolla and civic? ...and a technology suite with bluetooth, navigation and other handy stuff? yeah, that would be cool. introducing the all-new nissan sentra. it's our most innovati
NBC
Jan 7, 2013 6:00am PST
or less behind them, investors are looking ahead to the debt ceiling. >> another fight to worry about. we're watching dow industrials sink ever so slightly this morning down 70 points. nasdaq down 16. you are looking at vail earlier. live opening in colorado. north star, a couple of others owned. the word on debt ceiling as we get ready for that fight. we shouldn't authorize more spending because they are misleading you. the debt ceiling vote will authorize payment for debt we already incurred. let me show you an example as someone talking about the debt ceiling and getting it wrong. >> the president is addicted to spending. he wants a new credit card after he maxed out the last one. >> that's a senator from wyoming. a better analogy would be we maxed out that credit card and we need to pay that bill. credit card companies want you to pay for what you bought before issuing that new card. >>> a big day for the 49ers faithful. in just hours tickets will go on sale for this weekend's divisional playoff game again the green bay packers. tickets will only be available online through ticket mas
FOX News
Jan 7, 2013 6:00am PST
in the debt ceiling debate that is coming, despite the fiscal cliff deal that saw taxes go up 77% of americans. nancy pelosi says it is not enough money really that was garnered through that deal but republicans vehemently disagree. they say it is time to get serious about cutting spending. watch some of this. >> in this legislation we get $620 billion, very significant, high-end tax, changing the high-end tax rate to 39.6% but that is not enough on the revenue side. >> the tax issue is finished, over, completed. that's behind us. now the question is, what are we going to do about the biggest problem confronting our country and our future and that's our spending addiction. it is time to confront it. martha: all right. joined by charles payne, fox business network contributor. charles, good morning. >> good morning. >> good to talk to you. what is your reaction to that back and forth? >> listen, martha, we know they're setting up for the battles, debt ceiling, sequestration and even the continuing resolution. it is interesting on a deal almost everyone agrees white house won big-time, 40 to one
MSNBC
Jan 7, 2013 7:00am PST
in the way of debt ceiling. we only have two or three months to get that done. that fight is getting frankly much more difficult than the fiscal cliff was. we have the debt limit which the president quite rightly has said he won't engage on that. we can't hold that kind of a revolver to the economy that way. but, nonetheless, the gop can shut down the government if it chooses. we have the sequester. so we have to deal with those issues. >> is that where we're headed? because there's been at least one suggestion by one republican that maybe a government shutdown is just what we need. >> well, i don't know. it didn't work out so well for the gop in 1994. i don't think it's the right thing. i would hope instead of looking forward to government shutdown we would be looking forward to finding a new way to work together in this new year. that's really what the american people are asking for. it's not too much to ask. but it will be interesting. i think that chuck hagel is going to be a challenging choice in terms of the confirmation process. clearly, a combat vet. well regarded. mine, the man has
MSNBC
Jan 7, 2013 12:00pm PST
that the brinkmanship we're seeing and flirting with the debt ceiling could have a cataclysmic affect and wonder if the comparisons overstate the crisis here. there's a report that basically said you have a 1.2 trillion -- if you do a $1.2 trillion deficit reduction plan will cover you for 10 years so that your debt to gdp ratio is stabilize. much lower rate than anything in europe. are we overstating that comparison a bit? >> i don't think so. but i think the accurate way to look at it is slightly different situations. europe taken as a whole has a debt somewhat lower than america's. the share of gdp. it's a distribution of the debt that's a problem. you have the counties in the south and northern countries that don't want to pick up the tab for it and the nexus of the problem, a dispute of how to get paid for. you know, if you think about it, that's a little bit of what we have going on here. neither democrats or republicans disagree there's a debt problem and nobody really disagrees that the problem is fixable as the numbers you quoted tell us. the big fight is over how to deal with it. neith
CNBC
Jan 7, 2013 4:00am EST
to raise the u.s. debt ceiling. it's expected to come sometime in february. democrats are planning to push for a balanced approach. but the senate minority leader mitch mcconnell is ruling out any further tax hike. >> the tax issue is finished, over, completed. that is behind us. now the question is what are we going to do about the biggest problem confronting our country? and our future? and that is our spending addiction. >> if mitch mcconnell is going to draw that line in the santd, it's a recipe for more gridlock. we have to take a long-term approach to u.s. deficit reduction. >> "new york times" which first reported the deal last week said 14 banks, including likes of citi, jpmorgan and bank of america are involved. nearly $4 billion will go to people who lost their homes in 2009 and '10. the rest will be for the foreclosure process. the times says the fed threatened to block the moves. philly fed president says a $3 billion balance sleet could codo harm to the u.s. economy. he plosser says that could lead to a rise in unemployment or more stability. he's long criticized the bond mort
PBS
Jan 6, 2013 6:30pm PST
months, as the government reaches its debt ceiling and can't borrow any more money. president obama wants to lift that ceiling. the republicans don't. and it appears we're heading for another "thelma and louise" ride to the edge. remember -- they went over. we'll discuss that possibility next week with paul krugman, the nobel laureate in economics and "new york times" columnist whose bestselling book, "end this depression now!" calls for full employment as an alternative to austerity. read it, then send us the question you would like me to put to paul krugman. meanwhile, another reality beckons and there's a menace more threatening than the fiscal cliff ever was. what should really be scaring the daylights out of us -- the crisis which could make all the others irrelevant -- is global warming. get this one wrong and it's over -- not just for the usa, but for planet earth. that's the message delivered by hurricane sandy, and by almost all the extreme weather of the past two years. and here in the first month of the new year, it's the message from the most informed scientists in the world.
FOX Business
Jan 7, 2013 9:20am EST
cliff thing might have been the opening part of this saga. maybe a lot of things to go. we know the debt ceiling is up for play, sequestration, continuing resolutions up for play. and earnings season is going to start as well. the market is going to open with anxiety and side ways movement. [bell ringing] i can hear the opening bell and the stock market is open for trading. let's go to the big board. relatively unchanged as i said. okay, more people now are listening to internet radio service pandora we know and seeing a big jump in listeners, so, nicole, what is that doing for the stock? >> well, the stock is not really moving significantly wee. we're seeing that down right now, but they did see their december listening hours was up 54%. the share of total u.s. radio listening, that was also higher. that was higher to 7% up from 4.7%, all their numbers are higher. the stock lower. so, they're really not correlating this morning, but this is good news, i mean, obviously, it's better to have all their numbers growing than pulling back. >> i guess so, i guess if you name your company pando
FOX News
Jan 7, 2013 8:00am PST
of defaulting on its financial obligations. that sets up a fight over the debt ceiling. the main point of leverage congressional republicans to as their chance to bargain over fiscal issues as we whoevered dangerously close to the fiscal cliff. remember president obama says there will be no debate whether congress votes to raise our country's debt limit. >> one thing i will not compromise over, whether congress pays the bill for a tab they racked up. if congress refuses to give the united states the ability to pay its bills. it could be catastrophic. last time congress threatened this course of action our entire economy suffered for it. >> reporter: gop leaders in the house and senate, brace yourself, mr. president. you better believe there is going to be debate. congressman jim jordan says that is what the american people expect. >> let's do it for a change instead of saying give us more revenue. we promise we'll cut spending later. give us more borrowing authority, let us run up the credit card we promise to cut of the this is the old, lucy, charlie brown, the football, the american
Current
Jan 7, 2013 6:00am PST
to cut spending. >> this is more like a debt ceiling thing. >> stephanie: again. as i was saying, what eye candy for the gals to have mitch mcconnell on every sunday show. no matter where you turn, that was -- [ screaming ] okay. this sunlight hits your television just right and reflects off his glasses things can burst into flames. you need to be careful. mike in pittsburgh writes steph -- >> he's a fire starter. he did start the fire. >> stephanie: yeah, well we didn't. dear steph i keep listening to the criticism of the fiscal cliff, not getting the $250,000 limit. here's a factoid for you. in 1939, president clinton enacted the tax rate on incomes over $250,000. now, the i.r.s. and today adjusted for inflation his $250,000 is $397,000 which is exactly what the president got. president obama got the same deal president clinton got back then. i would say the country did pretty good. >> that's just kenyan voodoo. [ ding ding ] [ applause ] >> stephanie: all right. isn't it just like -- it's like an acid flashback or like a flintstones cartoon background. here we go again. >> the same
CSPAN
Jan 7, 2013 12:00pm EST
obama has been letting the house -- [inaudible] like we did with the fiscal cliff negotiations and that is why the republicans are having to use the only bargaining chip that they have which aids the debt ceiling. maybe there is more compromise between the democrats and mitch mcconnell talking about a one-term president and all that kind of stuff, getting back to work together we wouldn't see republicans trying to take these drastic measures. >> host: thanks for the call from california. >> guest: i have great affection for my friend jim manley and i know he has great affection for harry reid but i think harry reid has been a disastrous leader. what is going on procedurally is not, they do not allow for real debate on big issues. the fact that they have not passed a budget in three years in the senate is one of the most irresponsible acts. we need edges more than ever now. we need to know where the spending is going in many to have a debate on the senate floor about these things and we just haven't had a discussion. the senate majority leader is doing his best to shield his mem
Search Results 0 to 46 of about 47 (some duplicates have been removed)